Fenner (LON: FENR) recently received a number of ratings updates from brokerages and research firms:

  • 12/5/2017 – Fenner had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 400 ($5.38) price target on the stock.
  • 11/20/2017 – Fenner had its price target raised by analysts at Citigroup Inc. from GBX 400 ($5.38) to GBX 425 ($5.72). They now have a “buy” rating on the stock.
  • 11/16/2017 – Fenner had its price target raised by analysts at J P Morgan Chase & Co from GBX 345 ($4.64) to GBX 380 ($5.11). They now have a “neutral” rating on the stock.
  • 11/15/2017 – Fenner had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 425 ($5.72) price target on the stock.
  • 11/15/2017 – Fenner had its “buy” rating reaffirmed by analysts at N+1 Singer. They now have a GBX 400 ($5.38) price target on the stock.
  • 11/6/2017 – Fenner had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 425 ($5.72) price target on the stock.
  • 10/31/2017 – Fenner had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 425 ($5.72) price target on the stock.
  • 10/27/2017 – Fenner had its “buy” rating reaffirmed by analysts at FinnCap. They now have a GBX 385 ($5.18) price target on the stock.
  • 10/18/2017 – Fenner had its price target raised by analysts at Peel Hunt from GBX 380 ($5.11) to GBX 425 ($5.72). They now have a “buy” rating on the stock.

Fenner PLC (LON FENR) traded down GBX 3 ($0.04) during trading hours on Wednesday, reaching GBX 382 ($5.14). The company’s stock had a trading volume of 526,984 shares, compared to its average volume of 554,496. Fenner PLC has a twelve month low of GBX 227.41 ($3.06) and a twelve month high of GBX 418 ($5.63).

Fenner (LON:FENR) last released its earnings results on Wednesday, November 15th. The company reported GBX 17.70 ($0.24) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 16.70 ($0.22) by GBX 1 ($0.01). Fenner had a return on equity of 7.03% and a net margin of 3.51%. The business had revenue of £655.40 million during the quarter.

The company also recently announced a dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, January 25th will be given a GBX 2.80 ($0.04) dividend. This is an increase from Fenner’s previous dividend of $1.40. This represents a yield of 0.68%. The ex-dividend date of this dividend is Thursday, January 25th.

Fenner PLC is a United Kingdom-based provider of engineered solutions for performance-critical applications. The Company’s business segments include Engineered Conveyor Solutions and Advanced Engineered Products. The Engineered Conveyor Solutions is engaged in the manufacture of rubber ply belting, solid woven and steel cord conveyor belting for mining, power generation and industrial applications with complementary service operations, which design, install, monitor, maintain and operate conveyor systems for mining and industrial customers.

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